Tuesday, October 22, 2013

A hard line to draw

We decided to take the risk and purchase a couple of rental properties this past spring, both of which reside in a lower income side of the city.

One of the properties is occupied by a self employed handyman, heavy on charisma and light on prudence.  Alongside him lives his girlfriend and most recently her girls from Texas.  The girls had been living with their father, who I'm told is neglectful and irresponsible.  Now the four of them are finding their way through life's twists and turns.

Most recently the handyman had a job go south.  His deposited customer payments were frozen in his bank account by the bank, as a result of legal action by his customer.  Now the handymen, cashless, isn't paying his rent and still has outstanding work left to complete for me as well.

What to do.  Do I add to his woes, knowing the impact it'd have on these 4?  Knowing he's a good man, hard working, caring, down on his luck?  Or do I extend my patience and disregard my desire for a monetary return on my investment, and instead invest in his life with grace?